Renovated Duplex with Spacious
403-405 Reedsdale Road Milton, MA 02186
403-405 Reedsdale Road, Milton, MA, 02186
$1,550,000
For Sale
$1,550,000
Renovated in 2016, this duplex offers 6 bedrooms, 4 full and 2 half baths, plus a generous yard.
Property Size2,935 SF
Price / SF$528.11
Days on Market92
Property Features for 403-405 Reedsdale Road
General Information
- Standard status
- Active
- Size
- 2,935 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Kelley & Rege Properties,Inc.
Listed by
Paul Rege
(508) 775-8000
Source
Strawberryhillre
Added: Apr 22 Updated: Jul 20 at 5:55PM Checked: Jul 21 at 6:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelley & Rege Properties,Inc.
Investment Insights
Based on property information with market context.
This renovated duplex, completed in 2016, features a total of 10 rooms with 6 bedrooms and 4 full baths plus 2 half baths. The main level includes a spacious kitchen with stainless steel appliances and granite countertops, an open-concept living and dining area, and first-floor laundry. The second floor offers two bedrooms and two full baths, and the third-floor bedroom includes a private retreat with a walk-in closet. An unfinished basement provides storage and room for future expansion.
The property is located in Milton with easy highway access and proximity to Milton Academy and local public schools. It also places you near Blue Hills Reservation scenic trails, Cunningham Park ballfields and pool, and the shops and dining of East Milton Square.
Set up as a duplex, the home combines updated interior finishes with outdoor space, while the unfinished basement adds flexibility for additional use if desired.
The property is located in Milton with easy highway access and proximity to Milton Academy and local public schools. It also places you near Blue Hills Reservation scenic trails, Cunningham Park ballfields and pool, and the shops and dining of East Milton Square.
Set up as a duplex, the home combines updated interior finishes with outdoor space, while the unfinished basement adds flexibility for additional use if desired.
Key Highlights
- Renovated in 2016 duplex with 6 bedrooms, 4 full baths, and 2 half baths
- Main level includes a spacious kitchen with stainless steel appliances and granite countertops
- Open‑concept living and dining area plus first‑floor laundry
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.2k | $27.00 |
| − Vacancy | −$4.1k | −$1.41 |
| EGI | $75.1k | $25.59 |
| − OpEx | −$22.5k | −$7.68 |
| NOI | $52.6k | $17.91 |
2,935 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$751.1K
$657.2K – $876.3K
NOI $52,576 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$693.0K
$606.4K – $808.5K
NOI $48,510 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,626 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated in 2016, this duplex offers 6 bedrooms, 4 full and 2 half baths, plus a generous yard.
Where is this duplex located?
The property is located at 403-405 Reedsdale Road Milton, MA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Renovated in 2016 duplex with 6 bedrooms, 4 full baths, and 2 half baths; Main level includes a spacious kitchen with stainless steel appliances and granite countertops; Open‑concept living and dining area plus first‑floor laundry
